S&P 500   4,229.45
DOW   33,002.38
QQQ   354.92
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Warren Buffett's company dumps another 5 million shares of printer maker HP
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AI Stock Caught Trading Under Secret Name (Ad)
Stock market today: World shares are mostly lower, tracking a rates-driven tumble on Wall Street
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AI Stock Caught Trading Under Secret Name (Ad)
EU announces plans to better protect its sensitive technologies from foreign snooping
A Growing 4% Dividend makes this a REIT to Shop For
S&P 500   4,229.45
DOW   33,002.38
QQQ   354.92
International Paper's 5% Yield Offers Big Value
AI Stock Caught Trading Under Secret Name (Ad)
Warren Buffett's company dumps another 5 million shares of printer maker HP
How You Can Beat the Yields on near 5% Treasuries, plus Upside
AI Stock Caught Trading Under Secret Name (Ad)
Stock market today: World shares are mostly lower, tracking a rates-driven tumble on Wall Street
Inflation is Why a Soft Landing is Bad for the Economy
AI Stock Caught Trading Under Secret Name (Ad)
EU announces plans to better protect its sensitive technologies from foreign snooping
A Growing 4% Dividend makes this a REIT to Shop For
S&P 500   4,229.45
DOW   33,002.38
QQQ   354.92
International Paper's 5% Yield Offers Big Value
AI Stock Caught Trading Under Secret Name (Ad)
Warren Buffett's company dumps another 5 million shares of printer maker HP
How You Can Beat the Yields on near 5% Treasuries, plus Upside
AI Stock Caught Trading Under Secret Name (Ad)
Stock market today: World shares are mostly lower, tracking a rates-driven tumble on Wall Street
Inflation is Why a Soft Landing is Bad for the Economy
AI Stock Caught Trading Under Secret Name (Ad)
EU announces plans to better protect its sensitive technologies from foreign snooping
A Growing 4% Dividend makes this a REIT to Shop For
S&P 500   4,229.45
DOW   33,002.38
QQQ   354.92
International Paper's 5% Yield Offers Big Value
AI Stock Caught Trading Under Secret Name (Ad)
Warren Buffett's company dumps another 5 million shares of printer maker HP
How You Can Beat the Yields on near 5% Treasuries, plus Upside
AI Stock Caught Trading Under Secret Name (Ad)
Stock market today: World shares are mostly lower, tracking a rates-driven tumble on Wall Street
Inflation is Why a Soft Landing is Bad for the Economy
AI Stock Caught Trading Under Secret Name (Ad)
EU announces plans to better protect its sensitive technologies from foreign snooping
A Growing 4% Dividend makes this a REIT to Shop For
TSE:CFP

Canfor (CFP) Stock Forecast, Price & News

C$15.99
-0.70 (-4.19%)
(As of 10/3/2023 ET)
Compare
Today's Range
C$15.92
C$16.59
50-Day Range
C$15.99
C$22.22
52-Week Range
C$15.92
C$27.36
Volume
196,992 shs
Average Volume
175,027 shs
Market Capitalization
C$1.92 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
C$27.60

Canfor MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
72.6% Upside
C$27.60 Price Target
Short Interest
N/A
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
-0.42mentions of Canfor in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.86 out of 5 stars


CFP stock logo

About Canfor (TSE:CFP) Stock

Canfor Corporation operates as an integrated forest products company in the United States, Asia, Canada, Europe, and internationally. It operates in two segments, Lumber, and Pulp and Paper. The company manufactures and sells finger-jointed lumber, engineered wood products, wood chips and pellets, and logs, as well as custom specialty products, including strength-rated trusses, beams, and tongue-and-groove timber; and generates green energy. It also produces and sells pulp and paper products, including bleached and unbleached softwood kraft pulp, as well as bleached, colored, and unbleached kraft paper. The company was founded in 1938 and is headquartered in Vancouver, Canada.

CFP Price History

CFP Stock News Headlines

Canfor (TSE:CFP) Downgraded by Raymond James to Outperform
Would Buffett Approve of This Growth Strategy?
Warren Buffett's approach has been to find and invest in undervalued businesses with strong potential for growth. Taking this approach to heart and applying it to a Trillion Dollar industry has proved itself in a big way...achieving an incredible 400+% growth during a down market.
Convert CFP Franc To United States Dollar
VIDA to acquire Sawmill in Ingarp, Sweden
Closing Bell: Canfor Corp up on Thursday (CFP)
Canfor to Build New State-of-the-Art Mill in Houston, BC
Would Buffett Approve of This Growth Strategy?
Warren Buffett's approach has been to find and invest in undervalued businesses with strong potential for growth. Taking this approach to heart and applying it to a Trillion Dollar industry has proved itself in a big way...achieving an incredible 400+% growth during a down market.
CANFOR REPORTS RESULTS FOR SECOND QUARTER OF 2023
Closing Bell: Canfor Corp down on Friday (CFP)
CANFOR REPORTS RESULTS FOR FIRST QUARTER OF 2023
Closing Bell: Canfor Corp up on Friday (CFP)
Closing Bell: Canfor Corp up on Monday (CFP)
CANFOR REPORTS RESULTS FOR THIRD QUARTER OF 2022
See More Headlines
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CFP Company Calendar

Last Earnings
7/27/2023
Today
10/04/2023
Next Earnings (Estimated)
10/26/2023

Industry, Sector and Symbol

Industry
Lumber & Wood Production
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
7,908
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
C$27.60
High Stock Price Forecast
C$29.00
Low Stock Price Forecast
C$26.00
Forecasted Upside/Downside
+72.6%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
4 Analysts

Profitability

Net Income
C$-306,400,000.00
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$5.87 billion
Cash Flow
C$8.91 per share
Book Value
C$32.63 per share

Miscellaneous

Free Float
N/A
Market Cap
C$1.92 billion
Optionable
Not Optionable
Beta
2.04
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Key Executives

  • Mr. Donald B. Kayne (Age 65)
    Pres, CEO & Director
    Comp: $2.51M
  • Mr. Patrick A. J. Elliott
    CFO & Sr. VP of Sustainability
  • Mr. David M. Calabrigo (Age 64)
    Sr. VP of Corp. Devel. & Legal Affairs and Corp. Sec.
    Comp: $1.54M
  • Mr. Kevin Pankratz
    Sr. VP of Sales & Marketing
  • Mr. Stephen MacKie
    Exec. VP of North American Operations
  • Mr. Daniel Barwin
    Director of Corp. Fin.
  • Jim Bogle
    VP of Technology & Digital
  • Ms. Michelle Ward
    VP of Corp. Communications
  • Ms. Katy Player
    Sr. VP of People
  • Ms. Susan L. Yurkovich B.A. (Age 57)
    M.B.A., Sr. VP of Global Bus. Devel.













CFP Stock - Frequently Asked Questions

Should I buy or sell Canfor stock right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Canfor in the last year. There are currently 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" CFP shares.
View CFP analyst ratings
or view top-rated stocks.

What is Canfor's stock price forecast for 2023?

4 brokerages have issued 1-year price objectives for Canfor's shares. Their CFP share price forecasts range from C$26.00 to C$29.00. On average, they anticipate the company's stock price to reach C$27.60 in the next twelve months. This suggests a possible upside of 72.6% from the stock's current price.
View analysts price targets for CFP
or view top-rated stocks among Wall Street analysts.

How have CFP shares performed in 2023?

Canfor's stock was trading at C$21.31 at the beginning of the year. Since then, CFP stock has decreased by 25.0% and is now trading at C$15.99.
View the best growth stocks for 2023 here
.

When is Canfor's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, October 26th 2023.
View our CFP earnings forecast
.

How were Canfor's earnings last quarter?

Canfor Co. (TSE:CFP) issued its quarterly earnings data on Thursday, July, 27th. The company reported ($0.36) earnings per share for the quarter, topping analysts' consensus estimates of ($0.64) by $0.28. The company had revenue of $1.45 billion for the quarter. Canfor had a negative trailing twelve-month return on equity of 6.89% and a negative net margin of 5.22%.

What other stocks do shareholders of Canfor own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Canfor investors own include West Fraser Timber Co. Ltd. (WFT.TO) (WFT), Air Canada (AC), Interfor (IFP), Toronto-Dominion Bank (TD), Canadian National Railway (CNR), Dollarama (DOL), Bank of America (BAC), Kinaxis (KXS), Magna International (MG) and TELUS (T).

What is Canfor's stock symbol?

Canfor trades on the Toronto Stock Exchange (TSX) under the ticker symbol "CFP."

How do I buy shares of Canfor?

Shares of CFP stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What is Canfor's stock price today?

One share of CFP stock can currently be purchased for approximately C$15.99.

How much money does Canfor make?

Canfor (TSE:CFP) has a market capitalization of C$1.92 billion and generates C$5.87 billion in revenue each year. The company earns C$-306,400,000.00 in net income (profit) each year or C($2.45) on an earnings per share basis.

How many employees does Canfor have?

The company employs 7,908 workers across the globe.

How can I contact Canfor?

Canfor's mailing address is 100-1700 75th Ave W, VANCOUVER, BC V6P 6G2, Canada. The official website for the company is www.canfor.com. The company can be reached via phone at +1-604-6615241.

This page (TSE:CFP) was last updated on 10/4/2023 by MarketBeat.com Staff

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